empty
 
 
23.09.2024 04:47 AM
Forecast for AUD/USD on September 23, 2024

The Australian dollar has surpassed the peak of August 29 (0.6827) and consolidated above the 0.6801 level on the daily time frame. The price may reach the target level of 0.6874, forming a stronger divergence with the Marlin oscillator.

This image is no longer relevant

Breaking through the MACD line (0.6727) will signify a trend reversal on a medium-term horizon. But for now, the bulls need to overcome the peak of September 19 (0.6842).

This image is no longer relevant

On the 4-hour chart, the price consolidates above the 0.6801 level, and the Marlin oscillator turns upward from the zero line. The price is developing above the balance and MACD indicator lines. These signs indicate a sustained short-term growth potential.

Laurie Bailey,
Analytical expert of InstaForex
© 2007-2024
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $3000 more!
    In September we raffle $3000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback